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CoinMarketCap acquires crypto derivatives data platform CoinGlass

Binance-owned CoinMarketCap has acquired crypto derivatives data platform CoinGlass for an undisclosed sum, planning to integrate its derivatives metrics while keeping CoinGlass operating independently.

Graphic featuring the CoinGlass and CoinMarketCap logos joined together on blue tiles against a dark blue grid background
Image: @SolanaFloor

Binance-owned CoinMarketCap has completed its acquisition of crypto derivatives data platform CoinGlass for an undisclosed amount. CoinMarketCap stated that it will incorporate CoinGlass data—including open interest, funding rates, liquidations, and options—into its broader market-data offerings.[1][2][3][5][6][7][8]

CoinGlass will retain its team and continue operating independently under its existing brand. Following the transaction, the platform's website, mobile app, free tools, APIs, and pricing structure will remain unchanged.[1][2][4][6][7]

CoinGlass covers 28 exchanges and more than 2,500 instruments, serving over 5 million monthly users and more than 10,000 API clients. Meanwhile, CoinMarketCap reports serving approximately 115 million monthly users. CoinMarketCap was previously acquired by Binance in 2020.[1][3][4][7]

Key facts

  • CoinMarketCap has acquired crypto derivatives data platform CoinGlass for an undisclosed amount, and the deal has closed.
  • CoinMarketCap plans to integrate CoinGlass data on open interest, funding rates, liquidations, and options into its market-data services.
  • CoinGlass will retain its team and continue operating independently under its own brand, with its website, app, free tools, APIs, and pricing remaining unchanged.
  • CoinGlass tracks derivatives data across 28 exchanges and more than 2,500 instruments, serving over 5 million monthly users and more than 10,000 API clients.
  • CoinMarketCap states that it serves approximately 115 million monthly users.
  • CoinMarketCap has been owned by Binance since being acquired in 2020.

Sources · 8 sources

  1. WB

    Wu Blockchain@WuBlockchainPost on X ·

    Binance-Owned CoinMarketCap Acquires Crypto Derivatives Data Platform CoinGlass CoinMarketCap has completed its acquisition of crypto derivatives data platform CoinGlass for an undisclosed amount. CoinMarketCap said it will integrate CoinGlass data including open interest, funding rates, liquidations and options into its broader market-data offering. CoinGlass covers 28 exchanges and more than 2,500 instruments, has over 5 million monthly users and more than 10,000 API clients, while CoinMarketCap says it serves about 115 million monthly users. CoinGlass will continue operating independently under its existing brand, with its website, app, free tools, APIs and pricing unchanged for now. CoinMarketCap itself was acquired by Binance in 2020. The purchase price was not officially disclosed, though The Block reported at the time that the deal could be worth as much as $400 million. Subsequent reporting said the transaction was structured primarily in equity and BNB.

    Open source
  2. CT

    Coin TelegraphArticle ·

    CoinMarketCap buys CoinGlass to expand crypto derivatives data CoinGlass will retain its brand and team, while its website, app, free tools, API and pricing will remain unchanged following the acquisition.

    Open source
  3. CB

    Crypto Briefing@Crypto_BriefingPost on X ·

    💥 NEW: CoinMarketCap has acquired Coinglass, whose platform tracks crypto open interest, funding rates, liquidations and options across 28 exchanges. https://t.co/4QTIcimGPm

    Open source
  4. BC

    Bitcoin.com News@BitcoinNewsPost on X ·

    JUST IN: 🤝 CoinMarketCap acquires Coinglass. The crypto derivatives data platform tracks open interest, funding rates, liquidations, and options across 28 exchanges. 📊 Coinglass will operate independently under its own brand. https://t.co/gnfVhjDelQ

    Open source
  5. CO

    Cointelegraph@CointelegraphPost on X ·

    🔥 LATEST: CoinMarketCap has acquired Coinglass, adding crypto derivatives data on open interest, funding rates and liquidations to its platform. https://t.co/5tIUEnVpQ5

    Open source
  6. SO

    SolanaFloor@SolanaFloorPost on X ·

    🚨JUST IN: @CoinMarketCap has acquired crypto derivatives data platform @coinglass_com for an undisclosed amount. Coinglass will continue operating independently under its existing brand, with its website, app, API and pricing unchanged. https://t.co/O4Rx8R1Klg

    Open source
  7. TB

    The Block@TheBlockCoPost on X ·

    THE BLOCK: Binance-owned CoinMarketCap has acquired crypto derivatives data platform Coinglass. The deal has closed, and financial terms were not disclosed. Coinglass said it will continue operating independently under its existing brand, with no changes to its website, app, API, or pricing.

    Open source
  8. CB

    Crypto BriefingArticle ·

    Binance-owned CoinMarketCap buys Coinglass to expand crypto market data offering CoinMarketCap's acquisition of CoinGlass strengthens its data offerings, potentially reshaping the competitive landscape in crypto analytics. The post Binance-owned CoinMarketCap buys Coinglass to expand crypto market data offering appeared first on Crypto Briefing .

    Open source